June 6, 2013 1:21 pm
The number of American citizens, filed for unemployment assistance, decreased during the week until June 1st 2013, despite the fact that the more extended indicator showed US labour market advanced at a slower pace. Initial Jobless Claims in the United States decreased by 11 000 to seasonally adjusted 346 000 during last week, almost in […]
Read moreJune 6, 2013 12:23 pm
Euro managed to preserve ground against the US dollar on Thursday, being close to session high after the European Central Bank (ECB) decided to leave its monetary policy without change at todays meeting. EUR/USD pair reached 1.3131 during late European trade, session high for the moment and highest since May 9th, after which consolidation followed […]
Read moreJune 6, 2013 11:44 am
British pound remained at levels close to one-month high versus the US dollar on Thursday after Bank of England made a decision to leave base interest rate and stimulus policy intact. GBP/USD reached 1.5467 during European afternoon trade, session high for today and highest since May 9th, after which consolidation followed at 1.5460. Support was […]
Read moreJune 6, 2013 9:37 am
Pound rose to one-month high against the US dollar on Thursday after Wednesdays series of economic data from the United States implied that economic recovery was not strong enough. GBP/USD reached 1.5455 during early European trade, currently the session high and highest since May 10th, after which consolidation followed at 1.5444. The pair was up […]
Read moreJune 6, 2013 8:44 am
New Zealand dollar retreated against its US counterpart on Thursday, approaching 11-month low, despite the pressure put on the greenback as a result of uncertainty, regarding FED easing policy in the coming months. NZD/USD pair hit 0.7900 during the late phase of Asian trade, session low and lowest since July 26th 2012. Later the cross […]
Read moreJune 6, 2013 7:46 am
On Thursday US dollar pushed higher against the Japanese yen due to continuing weakness of Japanese stocks and diminished risk appetite of investors urged them to seek safe haven in national currency. USD/JPY pair crumbled to 98.85 during the late phase of Asian trade, session low for the moment, after which the cross consolidated at […]
Read moreJune 6, 2013 7:08 am
On Thursday euro reached a three-week high against the US dollar, after disappointing ADP Employment data from yesterday put pressure on the greenback and market players began to focus on ECB interest rate decision later in the day. EUR/USD pair reached 1.3126 during early European trade, highest since May 9th. Support was expected at Tuesday […]
Read moreJune 6, 2013 6:43 am
Australian dollar slid to the lowest level since 2011, with Australias interest rate advantage began to vaporize and Aussie allure dimmed. Insight Investment Management Ltd., operating with 134 billion US dollars in fixed income and currencies, has been selling the Australian dollar, with the yield spread between Australias sovereign debt and its major peers on the […]
Read moreJune 5, 2013 2:52 pm
The Institute for Supply Management reported that ISM Non-Manufacturing Composite indicator rose to 53.7 in May from 53.1 in April, but, however, stood below the registered value in March, 54.4. Experts had projected the index to show a reading of 53.5. Data implied that services sector in the United States managed to retain expansion. New orders […]
Read moreJune 5, 2013 1:16 pm
US dollar fell to session low versus the Japanese yen on Wednesday and lost positions against the euro, after it became clear that US private sector opened fewer than expected job posts during May. During European afternoon trade, USD/JPY fell to 99.36, after reaching a session low at 99.13. Subsequently, the pair consolidated at 99.60. […]
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